May 2018 University of Michigan consumer sentiment flash 11 May 2018

  • Prior 98.8
  • Current conditions 113.3 vs 115.7 exp. Prior 114.9
  • Expectations 89.5 vs 88.0 exp. Prior 88.4
  • 1yr inflation expectations 2.8% vs 2.7% prior
  • 5yr 2.5% vs 2.5% prior

The jump in the 1yr inflation expectation is the standout number here. As Bullard remarked earlier, stable inflation expectations are an important factor for the Fed. The buck doesn’t want to move on this report today.

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

Pin It on Pinterest